Question 1

What is Finish Line?

Accepted Answer

Finish Line is an athletic footwear and apparel retailer that specialized in running shoes and sports merchandise. Founded in 1976 in Indianapolis, Indiana, it became one of the largest athletic footwear retailers in the United States with over 550 stores. The brand was known for expert service and product knowledge, catering specifically to runners and athletes seeking specialized footwear and apparel.

Question 2

Is Finish Line still operating as an independent brand?

Accepted Answer

No, Finish Line is no longer operating as an independent brand. In July 2018, the company was acquired by JD Sports, a major UK-based athletic retailer, for $558 million. The Finish Line brand was merged into JD Sports' U.S. operations, and the stores now operate under the JD Sports banner as part of the parent company's unified retail strategy.

Question 3

When was Finish Line founded and by whom?

Accepted Answer

Finish Line was founded in 1976 in Indianapolis, Indiana by Alan Cohen and David Klapper, who both had backgrounds in running specialty retail. The founders established the company with a mission to provide runners and athletes with specialized footwear and apparel through expert service and product knowledge. This founding vision shaped Finish Line's reputation as a trusted destination for serious athletes.

Question 4

What was Finish Line's major milestone in its public company history?

Accepted Answer

Finish Line went public on the NASDAQ exchange in 1992 under the ticker symbol FINL, marking a significant milestone in the company's growth. This IPO enabled the company to expand its store network substantially throughout the 1990s and 2000s, eventually growing to over 550 locations across the United States, primarily in shopping malls.

Question 5

What happened when JD Sports acquired Finish Line?

Accepted Answer

When JD Sports acquired Finish Line in July 2018 for $558 million, it was a strategic move by the UK retailer to expand its presence in the U.S. market. The acquisition included Finish Line's extensive network of 550+ stores and approximately 10,000 employees. The Finish Line brand was integrated into JD Sports' U.S. operations as the company pursued its North American expansion strategy.

Question 6

What athletic brands did Finish Line carry?

Accepted Answer

Finish Line carried major athletic brands including Nike and Adidas, along with other leading footwear and apparel manufacturers. The retailer was known for curating a comprehensive selection of athletic shoes and sports apparel from top brands, making it a destination for consumers seeking name-brand athletic products with expert retail guidance.

Question 7

What products were Finish Line's specialty?

Accepted Answer

Athletic footwear was Finish Line's primary specialty, with a particular focus on running shoes and athletic sneakers. The company also offered complementary athletic apparel and accessories to create a complete athletic lifestyle retail experience. This specialization in running and athletic footwear differentiated Finish Line from general retailers and made it appealing to serious athletes and running enthusiasts.

Question 8

What was Finish Line's competitive advantage?

Accepted Answer

Finish Line's competitive advantage lay in its expert staff who possessed deep knowledge of running shoes and athletic footwear. The brand was built on the concept of specialized service and personalized product recommendations, distinguishing it from mass-market retailers. This focus on expertise and customer education created a strong brand loyalty among dedicated runners and athletes who valued professional guidance when selecting footwear.

Question 9

Who was the typical Finish Line customer?

Accepted Answer

Finish Line's core customer base consisted of runners, serious athletes, and fitness enthusiasts who prioritized specialized footwear and expert guidance. These customers valued quality athletic shoes, brand authenticity, and knowledgeable staff who could provide personalized recommendations. The brand attracted both casual athletes and competitive runners seeking premium athletic products with professional retail support.

Question 10

Where were Finish Line stores typically located?

Accepted Answer

Finish Line stores were predominantly located in shopping malls throughout the United States, making them convenient destinations for mall shoppers seeking athletic footwear. At its peak, the chain operated over 550 stores across the country, establishing Finish Line as a ubiquitous presence in American retail. This mall-based strategy positioned Finish Line as a premium athletic retailer with high visibility among consumers.

Question 11

What retail locations currently serve former Finish Line customers?

Accepted Answer

Former Finish Line customers are now served through JD Sports locations across the United States. Following the 2018 acquisition, JD Sports converted Finish Line stores and integrated its operations into the broader JD Sports retail network. Customers can find similar athletic footwear and apparel offerings at JD Sports stores, which continue the tradition of carrying major brands like Nike and Adidas.

Question 12

What services did Finish Line provide beyond product sales?

Accepted Answer

Finish Line distinguished itself through expert customer service and personalized product consultation. The staff were trained to provide educated recommendations based on individual athletic needs, gait analysis, and performance requirements. This service-oriented approach made Finish Line more than just a retail location—it was a destination for athletes seeking professional guidance on footwear selection.

Question 13

How did Finish Line expand from 1976 to becoming a 550-store chain?

Accepted Answer

Finish Line's expansion was gradual and strategic, starting as a single specialized athletic footwear shop in Indianapolis in 1976. The company's reputation for expert service and quality products built strong brand loyalty, supporting store growth throughout the 1980s and 1990s. The 1992 IPO provided capital for accelerated expansion, allowing Finish Line to grow to over 550 locations by the 2000s, primarily in high-traffic mall locations.

Question 14

Why did JD Sports choose to acquire Finish Line?

Accepted Answer

JD Sports acquired Finish Line as a strategic entry point into the U.S. athletic retail market, recognizing the value of an established brand with 550+ stores and extensive customer loyalty. The acquisition provided JD Sports with immediate retail presence, experienced workforce of 10,000+ employees, and access to major brand relationships including Nike and Adidas. This move accelerated JD Sports' U.S. expansion strategy and allowed it to leverage Finish Line's existing infrastructure and market position.

Question 15

What is the legacy of Finish Line in the retail industry?

Accepted Answer

Finish Line's legacy is defined by pioneering the concept of specialized athletic footwear retail with an emphasis on expert customer service. From its 1976 founding through its 1992 IPO to its peak as a 550-store retailer, Finish Line demonstrated that dedicated expertise and quality products could create a successful retail brand. The company's acquisition by JD Sports in 2018 for $558 million reflected its enduring value and influence in the athletic retail landscape, even as it transitioned into a new corporate structure.

Finish Line

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Frequently Asked Questions

What is Finish Line?

Is Finish Line still operating as an independent brand?

When was Finish Line founded and by whom?

What was Finish Line's major milestone in its public company history?

What happened when JD Sports acquired Finish Line?

What athletic brands did Finish Line carry?

What products were Finish Line's specialty?

What was Finish Line's competitive advantage?

Who was the typical Finish Line customer?

Where were Finish Line stores typically located?

What retail locations currently serve former Finish Line customers?

What services did Finish Line provide beyond product sales?

How did Finish Line expand from 1976 to becoming a 550-store chain?

Why did JD Sports choose to acquire Finish Line?

What is the legacy of Finish Line in the retail industry?

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